Hello User
Answer: All options are required
(I took this test last year and this was my answer
Hope I helped
-Chris
Answer:
The correct answer is no immediate effect..
Explanation:
The impact of the minimum price on the functioning of the market will depend on whether said price is below or above the equilibrium price (the price at which the market would freely tend if there were no public intervention).
If the minimum price is below the equilibrium price it has no impact since the market will naturally be above said minimum price.
On the other hand, if the minimum price is higher than the equilibrium price, this ceiling will prevent the market from reaching its equilibrium point. The price will be at said minimum level where the quantity supplied will be greater than the quantity demanded, which will cause an excess supply that will remain unsold.
If the maximum price is above the equilibrium price it will not have any impact since the market will naturally tend to be below this maximum limit.
If, on the contrary, the maximum price is lower than the equilibrium price, then this limit will prevent the market from reaching equilibrium. The price will be at the maximum limit where the quantity supplied will be less than the quantity demanded. This will cause excess demand, so part of it will remain unmet.
The next guesses of the clerk should be less of red shells and more of white shells.
<h3><u>Decision about less of white and more red shells</u>:</h3>
Given that,
Red shell [r] costs = $0.75 each.
White shell [w] costs = $0.49 each.
Total of 8 shells = $4.70
The clerk guesses that the $4.96 for 4 red shells and 4 white shells is greater than the actual purchase.
Therefore,
The clerk should make use of less red shells, and more of white shells, because the unit costs of red shell is more than the white shell.
Learn more about equations, refer:
brainly.com/question/2574274
Answer:
$15,708
Explanation:
Calculation to determine What is the amount of the aftertax lease payment
Using this formula
Aftertax lease payment=Leased equipment(1-Tax rate)
Let plug in the formula
Aftertax lease payment = $23,800 (1 - 0.34)
Aftertax lease payment=$23,800(.66)
Aftertax lease payment = $15,708
Therefore the amount of the aftertax lease payment is $15,708
The correct answer is that there was $3,080 worth of office supplies purchased during the period.
In order to answer this question you know that the company started with $630 worth of office supplies and ended the year with $460 worth, or $170 less than they started with. The company used $170 of supplies from inventory, so they needed to purchase another $3,080 in order arrive at the $3,250 that we know was the total expense during the reporting period.